The Japanese government panel on the response to coronavirus recommended that a state of emergency be declared in Japan as soon as possible, Reuters reported. A rapid spread of infections nationwide can occur if infections in Tokyo and surrounding regions do not decrease, the panel noted. “Measures to reduce contagion risks associated with eating out […]
Tag: Japan
Japan considers the state of emergency for the Tokyo area as of January 9 for about a month
According to the Japanese media outlet, Kyodo news agency, the country’s government is considering plans to declare a state of emergency for the Tokyo area starting on January 9 for about a month to curb the rapid rise in coronavirus infections. The prefectures in the Tokyo area are asking residents to refrain from non-essential and […]
Advisor to Prime Minister Suga Says Country Needs Another $ 384 billion in Stimulus
Amid talks around the compilation of the third additional budget, Yoichi Takahashi, one of the six new economic advisers to Japanese Prime Minister Yoshihide Suga, has said that the government needs to spend 40 trillion yen ($ 384 billion) in its third additional budget to combat the hit to the economy caused by the coronavirus […]
Japan: Medical resources are running low in several regions
Medical resources are being depleted in various regions of Japan and stronger infection control measures are needed to prevent a new emergency declaration, Japanese Economy Minister Yasutoshi Nishimura said on Wednesday, Reuters reported. “The next three weeks are important in stopping the spread of COVID-19 infections,” Nishimura said. “The increase in coronavirus infections at home […]
Finance Ministry official says they will continue to watch the currency market with a sense of urgency
A Japanese Finance Ministry official said Monday that will continue to monitor currency developments with a sense of urgency. The official, however, said that cannot comment on the reasons behind exchange rate movements, such as the impact of the elections in the United States, as well as on the level of them. These comments from […]
Iberdrola will double its renewable capacity in six years with 75,000 million in investments
Iberdrola accelerates in the ‘green race’ with the aim of doubling its power generation power through renewable energy in the next six years. The group that leads Ignacio Galán today presented an investment plan for 75,000 million euros aimed at achieving this goal. This figure implies going from investing 7,000 million a year in 2019 […]
Nikkei’s Manufacturing PMI improves expectations and rises to 48 in October although still in contraction territory
The Nikkei Manufacturing PMI Index released by Japan shows that the recession continues in October, although sentiment improves. The indicator has risen to 48 points in the preliminary reading for October from 47.7 in September, improving the 47.3 expected by the market. If confirmed in the final reading that will be published in a week, […]
The recovery of the Chinese economy shoots up: it grows 4.9% in the third quarter
In the rebirth of post-covid China, the scare of an economy that contracted by 6.8% in the first quarter of the year, the first fall since the end of the Cultural Revolution in 1976, seems to be left behind. Blockades to curb the coronavirus left the second world power trembling. The factory of the […]
Only Japan, Sudan and Zambia will borrow more than Spain this year
The coronavirus has not only cost Spain the lives of 33,204 people, according to the contador maintained by Johns Hopkins University since the pandemic broke out. It has also ruined the country. Here are some of the figures, according to the International Monetary Fund (IMF) statistics published yesterday and today. The crisis will make […]
The IMF improves its forecasts for the large developed economies with only one exception: Spain
The International Monetary Fund (IMF) estimates that the coronavirus has launched into “extreme poverty“- that is, to live on less than 1 dollar with 61 cents a day – 90 million people, the equivalent of twice the population of Spain. It has caused the greatest crisis in history since the Great Depression that occurred 90 […]
